32 Our Investors An Overview Thanks to our investors` trust, we're staying on course. They come from as far away as Hong Kong and as near as our own neighborhoods. Whether they're a mutual fund in New York, a big bank in Basel, a family of four in Florence, or our own employees in Essen, they all have one thing in common: They've trusted us with their money--by buying our stock or our bonds. We strive to continually earn this trust by designing and executing a strat- egy that offers our investors an attractive return, now and in the future. The people and institutions that invest in E.ON come from all over the world. The main financial centers in Europe and North America are well represented, while the percentage for Germany consists of a large number of retail investors. Our bonds are mainly denominated in euros but also in pounds sterling, U.S. dollars, Swiss francs, Japanese yen, and several other currencies. E.ON has issued more than 27 billion in bonds since 2007. A key objective is for our bond portfolio to be highly diversified in terms of currency, investor base, and maturity. With this approach, E.ON has not only attracted bond investors in its core European market but from all over the world. Our shareholders and bond investors from around the world lead to a broadly diversified investor structure. E.ON Group bonds and promissory notes by currency1 Percentages (total: 30.4 billion) 65% Euros Pounds sterling 16% U.S. dollars 9% 1Outstanding E.ON Group bonds (including private placements) and promissory notes at December 31, 2009. Other 1% Japanese yen 2% Swedish kroner 2% Swiss francs 5% 30% Germany 25% USA and Canada Switzerland 3% Other (World) 5% France 9% Other (Europe) 14% United Kingdom 15% Shareholder structure1, 2 Percentages 1Percentages based on total investors identified. 2Divergence from 100% due to rounding effects. Sources: Share register (as of February 18, 2010), Thomson Reuters (as of December 31, 2009).